Alila Horizons Condominium
Tanjung Tokong, 11200 Tanjung Bungah, Penang, Malaysia
Tanjung Tokong, 11200 Tanjung Bungah, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 620,000
|
RM 472
|
1,313 sqft
|
|
|
|
Level 10
|
RM 760,000
|
RM 579
|
1,313 sqft
|
|
|
Level 16
|
RM 1,500,000
|
RM 512
|
2,928 sqft
|
|
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Market Snapshot
ResidentialRM 791,500
RM 546 psfMedian transaction price
Tanjung Tokong, 11200 Tanjung Bungah, Penang, Malaysia
MapsAlila Horizons Condominium in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 792K and a median price per square foot (PSF) of RM 546.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 792K, with most transactions falling within a stable range of RM 620K to RM 1.13 million, and a typical market range of RM 762K to RM 822K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 546, with most transactions between RM 492 and RM 599. The usual range is RM 521.04 to RM 570.04, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.00 and an average deviation (MAD) of RM 53 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.